Duplex with Walkout Basement
806 Como Avenue, Saint Paul, MN 55103
For Sale
New
$385,000
A two-stall garage and additional off-street parking serve the property.
Property Size1,756 SF
Price / SF$219.25
Days on Market6
Property Features for 806 Como Avenue
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Buildings
Listing Agency:
Coldwell Banker Realty
Listed By:
Jay Hancock Real Estate
(612) 916-0245
Source:
Jayhancockrealestate
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 6:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Built in 1961, this duplex has hardwood flooring on the main level and a walkout basement unit. The property also includes a spacious backyard, a two-stall garage, and additional off-street parking. Updates and maintenance work are noted among its features.
At 806 Como Avenue in Saint Paul, the property is near Como Lake and a St. Paul park.
At 806 Como Avenue in Saint Paul, the property is near Como Lake and a St. Paul park.
Key Highlights
- Walkout basement unit
- Two‑stall garage plus additional off‑street parking
- Hardwood floors on the main level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,656
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,120
$513.1K
Cap Rate 7%
$366,514
$366.5K
Cap Rate 9%
$285,067
$285.1K
Market Conditions
NOI Build-Up for 1,756 SF
Gross rent
$39.0K $22.20/SF
− Vacancy
−$2.3K −$1.33/SF
EGI
$36.7K $20.87/SF
− OpEx
−$11.0K −$6.26/SF
NOI
$25.7K $14.61/SF
Area
Ramsey County, MN
Vacancy
5.98%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,120
Cap Rate 7%
$366,514
Cap Rate 9%
$285,067
Alternative Uses
Best Use
Multifamily LT 5
$366.5K
$320.7K – $427.6K
NOI $25,656 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$336.6K
$294.6K – $392.8K
NOI $23,565 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$418.9K
$366.6K – $488.8K
NOI $29,326 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
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Business Placement
Demographics for 55103, MN
13,874
Population
5,652
Households
2.5
Avg Household Size
32
Median Age
27%
College-Educated
79%
High-School Grad
2.0 sq mi
ZIP Area
6,937
Density / Sq Mi
$47,872
Median Household Income
$35,625
Median Earnings
$1,040
Median Rent
$240,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Saint Paul, MN
Properties on Market for Duplexes in Saint Paul
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - A two-stall garage and additional off-street parking serve the property.
Where is this duplex located?
The property is located at 806 Como Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Walkout basement unit; Two‑stall garage plus additional off‑street parking; Hardwood floors on the main level
